Benjamin Kipkirui Langat

All parliamentary appearances

Entries 431 to 440 of 2560.

• 30 Aug 2016 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move:- THAT, the Bill be amended by inserting the following new clause immediately after Clause 59- Amendment of 69. Section 23 of the Capital Markets Act is amended- section 23 of (a) in subsection (1) by inserting the words “commodity Cap. 485A. dealer”, “commodity broker” immediately after the words “authorized depository”; (b) in subsection (2) by inserting the words “commodities exchange” immediately after the words “securities exchange”. These are subsequent amendments. view
• 30 Aug 2016 in National Assembly: The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view
• 30 Aug 2016 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move:- THAT, the Bill be amended by inserting the following new clause immediately after Clause 59- Amendment of 70. Section 25A of the Capital Markets Act is amended in section 25A of subsection (1) by inserting the words “commodities or Cap. 485A derivatives” immediately after the word “securities” wherever it appears. view
• 30 Aug 2016 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move:- THAT, the Bill be amended by inserting the following new clause immediately after Clause 59- The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view
• 30 Aug 2016 in National Assembly: Amendment of 71. Section 2 of the Betting, Lotteries and Gaming Act is section 2 of Cap. amended by inserting the following new definitions in their 131 proper alphabetical sequence – “Collector” means the Commissioner-General appointed under the Kenya Revenue Authority Act; “gaming revenue” means gross turnover less the amount paid out to customers as winnings; This is just definition of terms which we were using subsequent to the amendments to Betting, Lotteries and Gaming Act. We are introducing new taxation on the same. Those are just definitions. view
• 30 Aug 2016 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move:- THAT, the Bill be amended by inserting the following new clause immediately after Clause 59- Insertion of new 72. The Betting, Lotteries and Gaming Act is amended by section 29A in inserting the following new section immediately after section Cap. 131. 29− 29A.(1) There shall be a tax to be known as betting tax chargeable at the rate of seven point five per cent of the gaming revenue. (2) The tax shall be paid to the Collector by the licensed bookmaker on the 20th day of the month following the month of ... view
• 30 Aug 2016 in National Assembly: additional tax to the Income Tax which those companies are already paying. We are proposing an additional tax of 7.5 per cent of the revenue. We are also saying that just like VAT, those taxes shall be payable to the commission who is now defined as the commissioner by the Licence Bookmaker on the 20th day of next month. view
• 30 Aug 2016 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move:- THAT, the Bill be amended by inserting the following new clause immediately after Clause 59- Amendment of 73. Section 37 of the Betting, Lotteries and Gaming Act is section 37 of amended− Cap. 131 (a) in subsection (2) by deleting paragraph (a); (b) by deleting subsection 3. This is a subsequent amendment to what we had passed. view
• 30 Aug 2016 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move:- THAT, the Bill be amended by inserting the following new clause immediately after Clause 59- The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view
• 30 Aug 2016 in National Assembly: Insertion of 74. The Betting, Lotteries and Gaming Act is amended by inserting section new the following new section immediately after section 44− 44A in Cap. 131. 44A. (1) There shall be a tax to be known as lottery tax chargeable at the rate of five per cent of the lottery turnover. (2) The tax shall be paid to the Collector by a person authorized to promote the lottery on the 20th day of the month following the month of collection. Hon. Temporary Deputy Chairlady, we are introducing new taxes here. We are introducing the Lottery Tax on lotteries which ... view